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Facebook Sells Its Stake, Again!

June 29th 2009 11:21
It’s one of the hottest news on the internet, where the world’s largest and renowned social networking company, Facebook has sold a 1.96% stake for $200 million.

The Russian internet firm, Digital Sky Technologies (DST) was the lucky company who able to persuade Mark Zuckerberg, the founder and CEO of Facebook sold its 1.96% stake to them!

Based on the latest statistic, Facebook has over 200 million members, where is comprised 30% of the United States’ users and another 70% worldwide users!




Zuckerberg said that before DST, there are a bunch of firms have been approached him, but he didn’t interested on their offer as DST’s offer did.

DST claimed that more than 70% of all page views on Russian language websites are using their service. Beside that, DST has invested a huge amount of investments across Russia and Eastern Europe too!

Before it, Zuckerberg had already sold a 1.6% Facebook’s stake to Mircosoft for a total of $240 million in October 2007.

“I won’t doubt to sell further Facebook’s stake, as long as I found a good company or corporate that afford to convince me.” Zuckerberg said.

Note: Photo credit goes to blogjer.
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2 Comments. [ Add A Comment ]

Comment by Janet Collins

June 29th 2009 11:53
Thank goodness it is only 1.96%! Goodness, Facebook and Russia!

Comment by Wilson Pon

June 30th 2009 05:47
Janet, I'm sure that Mark is a wise man and he didn't want to sell the Facebook's stake to a foreign company, as he still want to have the control on it!

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